| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17418 |
| 来源ID | Working Paper 17418 |
| How to Solve Dynamic Stochastic Models Computing Expectations Just Once | |
| Kenneth L. Judd; Lilia Maliar; Serguei Maliar | |
| 发表日期 | 2011-09-15 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We introduce a technique called "precomputation of integrals" that makes it possible to compute conditional expectations in dynamic stochastic models in the initial stage of the solution procedure. This technique can be applied to any set of equations that contains conditional expectations, in particular, to the Bellman and Euler equations. After the integrals are precomputed, we can solve stochastic models as if they were deterministic. We illustrate the benefits of precomputation of integrals using one- and multi-agent numerical examples. |
| 主题 | Microeconomics ; Mathematical Tools |
| URL | https://www.nber.org/papers/w17418 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575092 |
| 推荐引用方式 GB/T 7714 | Kenneth L. Judd,Lilia Maliar,Serguei Maliar. How to Solve Dynamic Stochastic Models Computing Expectations Just Once. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17418.pdf（285KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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